As the California real estate market changes, so does the vocabulary of real estate. Once common phrases from the real estate recession such as distressed property, short sale, and shadow inventory are fast being replaced as the real estate market improves by new phrases, such as equity sale, multiple offers, and "off-MLS" or "pocket" listings.

The San Francisco Association of REALTORS® is a professional trade association of more than 4,000 licensed real estate agents in San Francisco and the Northern Peninsula.

Our members abide by a strict code of ethics and have access to a wide variety of business services that are not available to non-REALTORS®. This gives them a competitive edge in the marketplace, enabling them to provide superior services to buyers and sellers of real property. Join us!

San Francisco – Landlords and property managers that rent parking to non-residents (individuals that do not live in the building) have until June 30 to apply for a parking tax amnesty, Treasurer José Cisneros announced June 3, 2013.

“The Parking Tax Amnesty is an opportunity to come into compliance with the City’s parking tax and regulatory process,” said Treasurer Cisneros. “After June 30, those providing parking may face back taxes, penalties, and interest.”

In early May, the SFARMLS added an option for users to list apartment and single-family homes for rent on the SFARMLS. The new lease property type also allows for a variety of listing price styles such as per month, per week, per day, as well as per square footage. For those who are listing rental properties, please remember to select the correct time duration (most commonly per month) to reflect the correct price for potential renters. You can enter these rental listings as you would a for-sale listing, making sure to choose the correct property type. You will find the rental property types in all of the SFARMLS searches.

The SFAR Education and Member Services Committee is bringing back its FREE, monthly seminars open to all SFAR members. The Thursday Think Tank Series will cover a wide range of topics pertinent to REALTORS® and those involved in the real estate industry in San Francisco. Visit the Calendar page under SFAR Training Sessions to see the list of upcoming Thursday classes and for links to register.